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A bachelor’s degree in accounting will allow you a rewarding and profitable future, and imagine the job security you will have! As long as there are companies or individuals making the bucks, then they will need people to help them manage it.
An accountant represents their client’s financial interest and provides information for making stable, intelligent, and lucrative decisions for all economic issues, whether it be in a personal or corporate setting.
More info: What are the different types of Accounting I can pursue with a Bachelor’s degree in Accounting?
A Plethora of Opportunities…
Although there are many different types of accounting branches, in general, the responsibilities of the accountant position would include gathering data through computer-based accounting software, analyzing those numbers, compiling the results, and reporting said results to the client.
This information is used by small businesses, as well as large corporations, to provide them with important information for optimal management decisions in all areas, such as sales, marketing, human resources, and purchasing.
Individuals depend on this information for sound money-making investments and for paying their taxes on time. An accountant’s report shows profits, losses, forecasting, equity, and liabilities.
Accountants have many opportunities for advancement in supervisory or management positions, or you may choose to open your own accounting firm. Do you like to travel? Some positions require frequent travel for audits at several businesses or branches.
Most accounting employees work a 40-hour week; however, some work additional hours during tax season. Perhaps the main disadvantage to accounting is familiarizing yourself with rigorous and sometimes complicated tax codes.
Learn the Basics…
After obtaining your bachelor’s degree in accounting and establishing strong fundamental knowledge of accounting principles and practice, you may wonder what kind of career you can pursue.
If you have had the opportunity and privilege of working in an internship capacity, then your chance of landing a full-time accounting position after graduation is more likely. Internships allow the accounting student valuable professional work experience.
A new candidate to the workforce needs to have the upper hand over other new graduates looking for the same position. An internship gives you that advantage, and if you manage to work in two internships, even better.
Also, internships give you an idea of what kind of career you would like to pursue, and most schools that require them will also help you find an opportunity that is a good fit for you. And, if you do a good job, they may hire you as a full-time employee upon graduation.
Career Options…
There are many careers to enjoy as an accountant. Let’s explore a few:
Public Accountants
Public Accountants work primarily in accounting firms; however, they may choose to institute a private practice. This position involves compiling and reviewing financial statements, preparing reports, and maintaining business reports.
Some international knowledge and skills may be required. A Certified Public Accountant (CPA) certification is required in compliance with individual state requirements.
Corporate Accountants
Corporate Accountants work with an organization or specific corporation to manage accounts payable, accounts receivable, payroll, and other pertinent financial statements. Along with a CPA license, an additional Certified Management Accountant (CMA) certification may be required.
Tax Examiner or Collector professionals primarily work for government agencies either on local, state, or federal levels.
Internal Auditors
Internal auditors with companies or government establishments review procedures and financial statements to suggest improvements or discrepancies.
Accountants in this position must stay up-to-date on the latest tax codes and business practices. In addition to your CPA licensure, a Certified Internal Auditor (CIA) certification may be required.
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In Conclusion:
- Not all accounting positions require a CPA license; however, be sure to check your state requirements for regulations.
- In addition, not all bachelor’s degree programs are designed to meet the educational requirements for acquiring a CPA license.
- One hundred fifty credit hours are required in most states to take the examination.
Additional Resources:
The Best Internships for Business Management Degree Majors
The Cheapest Online Bachelor’s Degree Programs in Business Management
The Fastest Online Bachelor’s Degree Programs in Business Management